Wednesday, August 03, 2005
Sneaker Wars
Nike watch your back. Adidas is posed to purchase Reebok for $3.8 billion. This will give Adidas 20% of the U.S. market. Adidas is popular among soccer and track and field, while Reebok is popular in basketball, football, and leisure. Insiders say both companies will remain “separate” brands, with Adidas focusing on technology and performance while Reebok will focus on sales. See the AJC for more on this story.
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2 comments:
New Balance dominates my feet! They don't have to hire anyone famous for shameless promotions--the shoes sell themselves!!
Annabel
Adidas has introduced the "World's First Intelligent Shoe"--"it senses and understands you"
CREEPY!
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